First Central State Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
52nd9.1% deniedProcesswithdrawn + incomplete share, weight 15%
74th6.3%Closing coststotal loan costs ÷ loan amount, weight 10%
23rd2.80% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 235 | 196 | 8.1% | 8.7% | — | $28M |
| 2024 | 219 | 183 | 9.1% | 9.8% | 6.00% | $32M |
| 2025 | 269 | 225 | 8.6% | 9.1% | 6.69% | $44M |
What First Central State Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 104 investment properties.
Why First Central State Bank denies applications
Primary reason reported for each of the 23 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at First Central State Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 28 | 19 | 23.1% |
| $50k – $100k | 53 | 44 | 8.3% |
| $100k – $150k | 40 | 33 | 5.7% |
| $150k – $250k | 34 | 28 | 12.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 52 | 42 | 8.7% |
| 35–44 | 25 | 20 | 16.7% |
| 45–54 | 31 | 23 | 17.2% |
| 55–64 | 40 | 30 | 11.8% |
| 65–74 | 20 | 17 | 10.0% |
Where First Central State Bank lends
10 states and 23 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
First Central State Bank denied 9.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 52nd percentile of small mortgage lenders.
The most common reason First Central State Bank gave in 2025 was "debt-to-income ratio", cited on 100.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans First Central State Bank originated in 2025 was 6.69%, and its median rate spread over the average prime offer rate was 0.18 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 65% of its applications were for home purchases, 26% for refinancing (including cash-out), and 8% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.